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Brunel University London

Uxbridge , England ,United Kingdom

Financial Mathematics MSc

Financial mathematics builds on the application of advanced concepts in modern probability theory to enable market professionals to tackle and systematically resolve a huge range of issues in the areas of pricing, hedging, risk management, and market regulation.

On this course you’ll put theory into practice by developing your numerical and computational skills to implement financial models. These are the skills you’ll need to work for a financial institution.

The course has an emphasis on:

the modelling of the dynamics of financial assets, both in equity markets and in fixed-income markets
the pricing and hedging of options and other derivatives
the quantification and management of financial risk.
The course will give you a balanced mixture of advanced mathematics (including modern probability theory and stochastic calculus), modern finance theory (including models for derivatives, interest rates, foreign exchange, equities, commodities, and credit), and computational technique (GPU-based high-performance computing).

Intakes

  • Sep

Application Processing Time in Days: 30

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

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Where could your degree take you?
Build your career while studying and gain an insight into the range of paths open to you

Skills Awards and Programmes
Build the skills employers look for with Ready, Brunel+, BSIP, and professional mentoring

Moving on as a graduate
We're still here for you after you finish your degree - up to 3 years after graduation

PSW Opportunity

2 Years PSW is applicable after the course completing (Bachelors level or above)

Admission Requirement / Eligibility Criteria

A 2:2 (or above) UK Honours degree, or equivalent internationally recognised qualification, in Mathematics.
Applications from candidates with degrees in Engineering, Economics, Mathematical Biology with Maths, Calculus and Algebra modules with B Grade or above in the modules overall.

Other qualifications with relevant work experience may also be considered.

A minimum score of 55%-65%. Offers within the grade range are determined by the higher education institution attended.

If you require a Tier 4 visa to study in the UK, you must prove knowledge of the English language so that we can issue you a Certificate of Acceptance for Study (CAS). To do this, you will need an IELTS for UKVI or Trinity SELT test pass gained from a test centre approved by UK Visas and Immigration (UKVI) and on the Secure English Language Testing (SELT) list. This must have been taken and passed within two years from the date the CAS is made.

English language requirements
IELTS: 6 (min 5.5 in all areas)
Pearson: 51 (51 in all sub scores)
BrunELT: 60% (min 55% in all areas)
TOEFL: 79 (min R18, L17, S20, W17)